Definition of monthly statement

account statement mailed or sent by electronic mail to a customer that lists debits, credits, service charges, and account adjustments during the prior month. Achecking account statement includes a list of checks written, deposits, and electronic debits and credits at an ATM, along with cancelled checks. A credit card statement is a descriptive billing statement listing account charges and finance charges that apply to revolving balances if there is an outstanding balance. A consolidated statement summarizes end of month balances in several accounts as of the date the statement was prepared.